About Renovotec
Renovotec is a company based in Castleford (United Kingdom) founded in 2008 was acquired by Roko in March 2021.. Renovotec has completed 3 acquisitions, including Chronos Technology, Jade Solutions and Wifigear. Renovotec offers products and services including Managed IT Services, Hardware Solutions, and Software Development. Renovotec operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Castleford, United Kingdom
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Renovotec Ltd
- Date of Incorporation 28 Apr, 1998
- Jurisdiction NEWTON-LE-WILLOWS, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Chronos Technology
& 2 more
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Acquired by
Roko
(Mar 25, 2021)
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Products & Services of Renovotec
Renovotec offers a comprehensive portfolio of products and services, including Managed IT Services, Hardware Solutions, and Software Development. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers ongoing support and management for business IT systems.
Provides rugged mobile computers and barcode scanners for operations.
Delivers custom engineering for supply chain software needs.
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Funding Insights of Renovotec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Renovotec
Renovotec has secured backing from 1 investor. Prominent investors backing the company include Roko. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on acquisitions
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Renovotec
Renovotec has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Chronos Technology, Jade Solutions and Wifigear. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of physical security services
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2005 | ||||
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Web-enabled enterprise mobility and warehouse management solutions are provided.
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1999 | ||||
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Mobility solutions for asset management and supply chain are provided.
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1988 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Renovotec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renovotec Comparisons
Competitors of Renovotec
Renovotec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Renovotec
Frequently Asked Questions about Renovotec
When was Renovotec founded?
Renovotec was founded in 2008.
Where is Renovotec located?
Renovotec is headquartered in Castleford, United Kingdom.
What does Renovotec do?
Founded in 2008, Renovotec operates from Castleford in the United Kingdom, focusing on the IT sector. Distribution services for hardware and related technologies are managed, supporting supply chains for businesses. Operations include sourcing, logistics, and delivery of products to clients in various industries. The companys online presence is maintained through renovotec.com, facilitating B2B transactions in the technology distribution field.
Who are the top competitors of Renovotec?
Renovotec's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does Renovotec offer?
Renovotec offers Managed IT Services, Hardware Solutions, and Software Development.
How many acquisitions has Renovotec made?
Renovotec has made 3 acquisitions, including Chronos Technology, Jade Solutions, and Wifigear.
Who are Renovotec's investors?
Renovotec has 1 investor. Key investors include Roko.